Pasadena Del Mar Gardens Condominiums, new construction of 17 Units located a few minutes drive to Old Pasadena; where the action is. Lately, I have seen a rise in new construction around the Playhouse District, Lake Ave & Walnut and around the Arroyo Seco on Orange Grove and Green Street. This is long overdue. Pasadena has been growing at a fast rate, outgrowing the number of units available for both purchases and to rent. According to Pasadena – Southern California Association of Governments “Between the years of 2000 and 2016, the total population of the City of Pasadena increased by 7,087 to 141,023 in 2016. During this 16- year period, the city’s population growth rate of 5.3 percent information as of May, 2017″ As the population continues to grow in the City of Pasadena, it became evident that new housing was needed. As a result, new construction of apartments, condos, and townhouses have begun to spring up all over our city.
Del Mar Gardens, 17 units range in price from $399890 to $1268890.
As prices continue to rise every year by 5% to 6% percent in Pasadena available housing is at a record low. The affordability index for First-time Buyers continues to rise, condos and townhouses have become an exceptional option for getting your foot in the door.
Del Mar Gardens Condos offer a great option for those looking to downsize from a larger home to a smaller living area. As the Baby-Boomer population continues to grow, so is the need for smaller housing options. As 55+ mature adults move towards the golden years, It makes sense to have other do the maintaining and up-keeping of the grounds in order to have more time traveling and enjoying life.
Villas at the Ambassador Gardens – 7 New construction Units
From $2,086,990 – $2,678,990, just Sold Out
Here is a list of 25 condos and townhouses currently in the market ranging from $350-$500K